Currency Type

[Former Member]

Hi people,

We know that we have to configurate: Define Translation Ratios for Currency Translation and put Exchange Rates.

If we have:

Local Currency=BRL

Report Currency=USD

If we put Exchange rate in OB08: BRL to USD, how the system nows he has to take this exchange rate to: USD to BRL.

We don't want to put OB08 to BRL to USD "and" USD to BRL" too.

There is some configuration to avoid put exchange rate twice?

Thanks,

Rosana.

[brian_householder2 · Accepted solution]

You should review transaction OB07 - Check Exchange Rate Types. In this table, which defines the various type such as type 'M', there is a column labeled "Inv". If activated then the inverted exchange reate is used. If you click on F1 help for this field you will get a better understanding. For each exchange rate type that you use in your system, you would need to activate this option if you do not want to maintain each combination in OB08.